Oldest U.S. black college on verge of financial collapse

Reuters ^ | December 17, 2014 | David Dedok

[C19fan]

The nation's oldest black college, Cheyney University, one of Pennsylvania's 14 state-run universities, is on the verge of a financial meltdown that threatens its ability to continue operating, a state official said on Wednesday.

Cheyney's student body has shrunk by two-thirds, to about 1,000, since its 1983 peak, and its four-year graduation rate is just 9 percent. A quarter of students never receive a degree, and student loan defaults are high.

[C19fan]

The NBCU's have no longer a reason to exist in today's world. If you are African-American with some academic ability colleges and universities are falling over themselves to try to get you to enroll. The only people who attend HBCUs now are students who want that cultural experience and the bottom of the barrel of college going African-Americans.

[WayneS]

How about the nation’s oldest “white colleges”? How are they doing?

[chajin]

Everest College probably had better statistics, but it was privately-owned, the bane of the Obama Administration’s approach to The True Education Experience.

[pepsionice]

It was an urban college on the edge of Philly, with marginal instructors...marginal students....and a degree that was worthless even if you spent four years there and graduated. You could have predicted this ten years ago.

[WayneS]

I thought the bottom of the barrel of college going African Americans went to Columbia... and then Harvard...

[ConservativeMind]

Are there any Asian or Hispanic-only colleges, either public or private, in the US?

Blacks, by being made the only special minority of their type, were minimized by the country’ efforts to help them.

[Doctor 2Brains]

for later

[YourAdHere]

Impossible. Obama is president.

[rfreedom4u]

on the verge of a financial meltdown that threatens its ability to continue operating

And? What are we supposed to do about it? No government money should be used to bail them out. But I’m sure that’s what will happen. Maybe the NAACP should give them money since they only care about advancing colored people.

[exit82]

I hear Bill Cosby has lots of money.

In exchange for a few co-eds, most likely.

[C19fan]

There was a reason the HBCUs were created during segregation. Jews and Catholics denied admission to the Ivy Leagues created their own institutions, for example, Catholic University, Brandeis and Yeshiva.

[old and tired]

The only people who attend HBCUs now are students who want that cultural experience and the bottom of the barrel of college going African-Americans.

I think some - like Howard - get a fair amount of decent (maybe not excellent) students who want to avoid debt. Sure, Harvard, et al will give a poor kid a full ride, but the child of a still married cop and nurse is too rich for meaningful financial aid at even the most generous of the financial aid granting institutions. And if the parents are smart, they'll make sure their bright kid chases merit money so as to keep the loans to a minimum.

[2banana]

Fire the staff.

Make it a 4 year AFFORDABLE engineering school with Co-op assignments

Come back time

[yefragetuwrabrumuy]

The way the black colleges could survive is to create their own “feeder schools”, that is, all black primary and secondary charter schools. And a big part of this would be to teach and show students how the big, liberal institutions do not want to educate them; but just to use them to pretend their admissions are diverse.

Admitting huge numbers of black students, then attriting 75% of them their freshman year, and almost all the rest their sophomore year, leaving them with debt and no degree. And then funneling the survivors into worthless degrees.

And a bad degree, from a “name” school, is still worthless. What they need is a good degree from an all-black school, that will ready them for a successful career.

So the elementary and secondary schools train them to do very well at the black college, with minimal extraneous stuff, so they are primed and ready when they graduate high school.

[AppyPappy]

It doesn’t help that administrators periodically raid the funds to line their pockets.

[old and tired]

Don’t forget Boston College, Georgetown, and Notre Dame. Three commie elite schools that all started out because Catholics weren’t getting into Harvard and Yale. These days, the WASPs are tripping over themselves to gain admission to these and other (so called, but these days not really) Catholic schools.

[Liz]

..... bottom of the barrel college-bound African Americans went ivy-league----to Columbia... and then Harvard.......

And don't forget Princeton.

The 2014 Midterm Dummycrat vote fraud machine was stupid enough to bring in the Kiss of Death---Michelle Obama.

Unfortunately, the Princeton grad can't even read.

In Iowa, surrounded by Braley campaign posters, she kept calling him "Bailey."

Too bad---Braley's loss means her royal Hillaryesque ambitions go down in flames. And Obama is force-fed boiled, unsalted kale stems for weeks on end.

[Buckeye McFrog]

its four-year graduation rate is just 9 percent

Sounds to me like it fully deserves to go out of business.

[A_perfect_lady]

Admitting huge numbers of black students, then attriting 75% of them their freshman year, and almost all the rest their sophomore year, leaving them with debt and no degree. And then funneling the survivors into worthless degrees.

But first, take a picture of that Freshman class for the brochures! Oh, look how diverse we are!

[Gaffer]

You forgot Occidental....:0)